We recommend to make use of analysis of Mccoy Global fundamentals to see if markets are presently mispricing the entity. We have analyzed thirty-six available fundamentals for Mccoy Global, which can be compared to its peers in the industry. The stock experiences an unexpected downward movement. The market is reacting to new fundamentals. Check odds of Mccoy Global to be traded at C$2.79 in 90 days. Key indicators impacting Mccoy Global's financial strength include:
Understanding current and past Mccoy Global Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Mccoy Global's financial statements are interrelated, with each one affecting the others. For example, an increase in Mccoy Global's assets may result in an increase in income on the income statement.
Mccoy Global competes with Bri Chem, High Arctic, and PHX Energy. McCoy Global Inc., together with its subsidiaries, provides equipment and technologies to support wellbore integrity and assist with collecting critical data for the energy industry. McCoy Global Inc. was founded in 1914 and is headquartered in Edmonton, Canada. MCCOY GLOBAL operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 138 people.
You should never invest in Mccoy Global without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Mccoy Stock, because this is throwing your money away. Analyzing the key information contained in Mccoy Global's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Mccoy Global Key Financial Ratios
Mccoy Global's financial ratios allow both analysts and investors to convert raw data from Mccoy Global's financial statements into concise, actionable information that can be used to evaluate the performance of Mccoy Global over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Mccoy Global's current stock value. Our valuation model uses many indicators to compare Mccoy Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Mccoy Global competition to find correlations between indicators driving Mccoy Global's intrinsic value. More Info.
Mccoy Global is regarded second in return on equity category among its peers. It also is regarded second in return on asset category among its peers reporting about 0.50 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Mccoy Global is roughly 2.02 . At this time, Mccoy Global's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Mccoy Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mccoy Global's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Mccoy Global Systematic Risk
Mccoy Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Mccoy Global volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Mccoy Global correlated with the market. If Beta is less than 0 Mccoy Global generally moves in the opposite direction as compared to the market. If Mccoy Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Mccoy Global is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Mccoy Global is generally in the same direction as the market. If Beta > 1 Mccoy Global moves generally in the same direction as, but more than the movement of the benchmark.
Mccoy Global Total Assets Over Time
Today, most investors in Mccoy Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Mccoy Global's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Mccoy Global growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Mccoy Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Mccoy Global. We use our internally-developed statistical techniques to arrive at the intrinsic value of Mccoy Global based on widely used predictive technical indicators. In general, we focus on analyzing Mccoy Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Mccoy Global's daily price indicators and compare them against related drivers.
Mccoy Global financial ratios help investors to determine whether Mccoy Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mccoy with respect to the benefits of owning Mccoy Global security.